Latest from Michael Bellusci
Google Hires PayPal Veteran as Part of Crypto Push
The move to hire Arnold Goldberg to run its payments division comes after Google previously abandoned a push into banking, according to Bloomberg.
FTX US Derivatives Names Former LedgerX Chairman Larry Thompson as Board Chair
FTX US purchased LedgerX in a move to develop its crypto options business.
Crypto Exchange Bitfinex Tells Ontario Customers to Close Accounts
Bitfinex customers in the Canadian province should withdraw all their funds on or before March 1, the exchange said.
Coinbase Tries to Catch Up to Foreign-Based Rivals With Move Into Derivatives
With its acquisition of derivatives exchange FairX this week, Coinbase is seeking to gain traction in a market that’s dominated by its foreign-based competitors.
Gemini Acquires Crypto Asset Management Platform Bitria; Terms Undisclosed
The deal will help financial advisers manage clients’ digital holdings.
Visa Partners With ConsenSys to Help Bridge CBDCs With Traditional Finance
The payments giant envisions customers eventually being able to use their CBDC-linked Visa card or digital wallet anywhere that Visa is accepted.
Solana Could Become the Visa of Digital-Asset World: Bank of America
Solana and other blockchains may snag market share from Ethereum over time, the bank said in a research note.
PayPal Is Exploring Creating Its Own Stablecoin as Crypto Business Grows
Hidden code in the company’s iPhone app shows that a potential “PayPal Coin” would be backed by the U.S. dollar.
JPMorgan Sees More Crypto Adoption in 2022, Debates Bitcoin’s Status as Store of Value
The investment bank also continues to rate crypto exchange Coinbase as a buy.
SEC Charges Founder of Crypto Startup Crowd Machine With Fraud
Australian Craig Sproule is accused of misleading investors about how he was going to use the proceeds of a $41 million initial coin offering back in 2018.
